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Legal● Neutral for Fortis Healthcare
Fortis confident of clean chit from audit in Singh brothers’ dispute
The brief
- Fortis expects a clean chit from the audit in the Singh brothers’ dispute
- The Supreme Court allowed the audit to proceed while clarifying the Delhi High Court’s observations against Fortis
- The audit outcome may affect Fortis Healthcare’s governance and valuation
Fortis forensic audit in Daiichi dispute
The Supreme Court declined to interfere with Delhi High Court orders allowing a forensic audit of Fortis transactions in the Daiichi–Singh Brothers dispute. Fortis says it is not involved in the dispute and is confident the audit will support its position.
Sunday, 27 September
- Fortis confident of clean chit from audit in Singh brothers’ dispute